Settings > Power Save Settings > Set Functions Available in Standby Mode > make sure you have Connect to the Internet and Enable Turnong On PS4 from Network
Settings > System > make sure you have Enable Automatic Downloads and Uploads checked.

I don't know what kind of problems you had before, but mine is exactly the same as it was prior to the update. What's New has been loading instantly since the beginning, other than the server issues PSN had for a day or two. Same with friend lists, trophies, etc.

Originally Posted by bariton1

This was a useless update for me because my PS4 was stable before that ;P

It was a slight improvement for me, barely noticeable, I'm sure that the sluggish UI problem was for only certain people.
Not everyone was effected by this issue, and some more so than others it seems.
I'm just glad Sony is fixing real issues. I hope they start adding some of the more popular UI demands that we have, like:
ability to appear offline, pause and stop downloads, ability to customize and arrange the list of games and apps,
and of course let us record via hdmi.
Fix those before New Years and amaze us all Sony!...fingers crossed!
Now realistically it will probably be more like mid 2014 or later before all of those are fully implemented, but honestly it is hard to say since Sony has said nothing in regards to the fact.
Hopefully it will be sooner than later.

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